CHAPTER 4: Managing Marketing Information to Gain Customer Insights I. Marketing Research a. Research Approaches - Observational Research - Ethnographic Research - Experimental Research - Survey Research 1. Sample CHAPTER 7: Customer-Driven Marketing Strategy: Creating Value for Target Customers I. II. III. Market Segmentation a. Segmenting Consumer Markets i. Geographic Segmentation ii. Demographic Segmentation iii. Psychographic Segmentation iv. Behavioral Segmentation Market Targetting a. Target Market Differentiation and Positioning a. Competitive Advantage CHAPTER 8: Product, Services, and Brands: Building Customer Value I. II. III. IV. V. Product Levels of Product and Services a. Core Benefits b. Actual Product c. Augmented Product Product and Services Classifications a. Consumer Products i. Convenience products ii. Shopping products iii. Specialty products iv. Unsought products b. Industrial Products i. Capital Items ii. Materials and Parts iii. Supplies and Services Individual Product and Service Decisions a. Product Attributes b. Branding c. Packaging d. Labeling e. Product Support Services Product Line Decisions a. Product Line b. Product Line Length c. Product Line Filling VI. Branding Strategy: Building Strong Brands a. Brand Development i. New Brands ii. Multi-Brands iii. Brand Extension iv. Line Extension CHAPTER 9: New Product Development Strategies and Product Life Cycle Strategies I. II. Obtaining New Products a. Acquisition b. New Product Development i. Concept Development and Testing 1. Product Idea 2. Product Concept 3. Product Image 4. Concept Testing a. Types of Test Markets: i. Standard ii. Controlled iii. Simulated Product Life Cycle Strategies a. Product development b. Introduction c. Growth d. Maturity e. Decline CHAPTER 10: Pricing: Understanding and Capturing Customer Value I. What is Price? a. Cost-Based Pricing i. Definition 1. Setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for effort and risk 2. Adds a standard markup to the cost of the product a. Types of Costs i. Fixed Costs ii. Variable Costs iii. Total Costs ii. Study the formula of 1. Unit Cost 2. Mark Up Price 3. Break Even Volume CHAPTER 11: Pricing Strategies I. Price Adjustment Strategies a. Discount and Allowance Pricing b. Segmented Pricing i. Customer Segment Pricing ii. Product Form Segment Pricing II. iii. Location Pricing c. Psychological Pricing d. Promotional Pricing i. Loss Leaders ii. Special Event Pricing iii. Cash Rebates iv. Low-Interest Financing, Longer Warrantees, Free Maintenance e. Geographic Pricing i. FOB-Origin Pricing ii. Uniformed-Delivered Pricing iii. Zone Pricing iv. Basing-Point Pricing v. Freight-Absorption Pricing f. Dynamic Pricing g. International Pricing Public Policy and Marketing a. Pricing Within Channel Levels i. Price Fixing ii. Predatory Pricing b. Pricing Across Channel Levels i. Robinson-Patman Act ii. Retail (or resale) Price Maintenance iii. Deceptive Pricing CHAPTER 12: Marketing Channels: Delivering Customer Value I. II. Supply Chains and the Value Delivery Network a. Supply Chain Partners i. Upstream Partners ii. Downstream Partners Channel Behavior and Organization a. Vertical Marketing Systems (VMSs) i. Corporate Marketing Systems ii. Contractual Marketing Systems iii. Administered Marketing Systems CHAPTER 14: Communicating Customer Value: Integrated Marketing Communications Strategy I. II. Integrated Marketing Communications Steps in Developing Effective Marketing Communication a. Identify the Target Audience b. Determine the Communication Objectives c. Design the Message i. AIDA Model d. Choose the Media e. Select the Message Source CHAPTER 15-17: Promotion Mix I. II. Promotion Mix Advertising a. Major Advertising Decisions III. i. Setting Advertising Objectives 1. Informative Advertising 2. Persuasive Advertising 3. Reminder Advertising ii. Developing Advertising Strategy 1. Creating advertising messages 2. Selecting advertising media Deciding on reach-frequency-impact o Reach o Frequency o Impact Selecting media vehicles 3. Evaluating the Effectiveness and Return on Advertising Sales Promotion a. Consumer Promotions i. Samples ii. Coupons iii. Cash refunds iv. Price packs v. Premiums vi. Advertising specialties vii. Point-of-purchase promotions viii. Contests, sweepstakes, and games IV. V. VI. Public Relations Personal Selling Direct Marketing a. Forms of Direct Marketing i. Direct-mail ii. Catalog iii. Telephone marketing iv. Direct-response television (DRTV) v. Kiosk Marketing vi. Online Marketing